Trading range likely for several days.

Invesco QQQ Trust, Series 1NASDAQ

Description

⋅ May 24, 2021 9:22 PM

This breakout is similar to the one late September 2020. There is resistance not far above. Consolidation for a week is likely.

Comments

Babasander

⋅ May 24, 2021 9:47 PM

Agreed! I also think that the late september pattern 2020 is pretty much identical to this.